Swisscom (SCMWY) Set to Post Quarterly Earnings on Thursday

Key Points

• Swisscom is expected to report quarterly earnings before the market opens Thursday, November 5. Analysts forecast earnings of $0.85 per share on revenue of $4.42 billion.
• In the previous quarter, Swisscom exceeded expectations, reporting $0.82 EPS versus the $0.74 consensus and revenue of $4.57 billion against estimates of $4.44 billion.
• Analyst sentiment remains cautious: five analysts rate the stock Hold and three rate it Sell, resulting in a consensus rating of “Reduce.”

Swisscom (OTCMKTS:SCMWY - Get Free Report) is anticipated to release its results before the market opens on Thursday, November 5th. Analysts expect Swisscom to post earnings of $0.85 per share and revenue of $4.42 billion for the quarter.

Swisscom (OTCMKTS:SCMWY - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The utilities provider reported $0.82 earnings per share for the quarter, beating analysts' consensus estimates of $0.74 by $0.08. Swisscom had a return on equity of 11.31% and a net margin of 8.86%. The business had revenue of $4.57 billion during the quarter, compared to analyst estimates of $4.44 billion. On average, analysts expect Swisscom to post $3.15 EPS for the current fiscal year and $3.69 EPS for the next fiscal year.

Swisscom Price Performance

SCMWY stock opened at $82.75 on Thursday. The company has a current ratio of 0.62, a quick ratio of 0.77 and a debt-to-equity ratio of 0.97. The firm has a market capitalization of $428.63 billion, a PE ratio of 25.86, a P/E/G ratio of 2.04 and a beta of 0.28. Swisscom has a one year low of $68.01 and a one year high of $94.63. The firm has a 50-day moving average of $79.11 and a two-hundred day moving average of $82.12.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Barclays restated an "underweight" rating on shares of Swisscom in a report on Tuesday, August 18th. Citigroup reaffirmed a "neutral" rating on shares of Swisscom in a research report on Monday, July 6th. Five investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Reduce".

Swisscom Company Profile

Swisscom AG is a Switzerland-based telecommunications and information technology company. It provides mobile and fixed-line communications, broadband internet, digital television, and related connectivity services to consumers and businesses. The company also offers information technology, cloud computing, cybersecurity, networking, and digital workplace solutions for corporate and public-sector customers.

Swisscom serves customers primarily in Switzerland and has an international presence through Fastweb, its Italian subsidiary.

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